American Century Renames Mid Cap Growth ETF to Insights ETF, Reduces Fee
American Century Investments has announced that its American Century Mid Cap Growth Impact ETF (MID) will be renamed the American Century Mid Cap Growth Insights ETF (ACMG), effective October 12, 2026. The fund's management fee is being reduced from 0.45% to 0.39%, and it will move its listing from NYSE Arca to Cboe BZX Exchange. This change aligns the strategy with American Century’s Insights ETF suite, which integrates active research insights into systematic investment approaches. The firm emphasizes that these ETFs aim to provide alpha potential through broader diversification while maintaining lower expense ratios compared to traditional fundamental strategies. Victor Zhang, chief investment officer at American Century Investments, highlighted the importance of client feedback in shaping this offering and noted its role as a cost-effective tool for equity allocations. The Insights ETF series is designed with transparency and tax efficiency in mind. American Century Investments manages over $350 billion globally and distributes 40% of its dividends to the Stowers Institute for Medical Research, which remains its largest shareholder.
Topics: ETF exchange listing change fee reduction rebranding